CPV Basin Ranch Energy Center Construction Begins in Texas
Competitive Power Ventures (CPV) has officially begun construction on the Basin Ranch Energy Center, a 1,350-megawatt natural gas power plant in Texas that is expected to generate over $400 million in local tax revenue throughout its lifespan. The project, valued at approximately $2 billion, will provide essential dispatchable power generation to the Electric Reliability Council of Texas (ERCOT) and is part of CPV's broader development pipeline of over 10 GW of dispatchable and renewable generation, with a projected operational date of 2029.
